Oil Prices

JIMNLIN wrote:

ralphnjoann wrote:
Gasoline and diesel fuel prices have dropped significantly due to the oil "glut," but the price of engine oil has remained basically unchanged. Does anyone know why?

we the consumers are still paying for 5 bucks a gallon diesel prices that was passed to the consumer through high product prices that will never go down.
modern day "free interprise" system at its best

$5 a gallon? Where is that? It's $2.64 at some stations around here

ralphnjoann wrote:
Gasoline and diesel fuel prices have dropped significantly due to the oil "glut," but the price of engine oil has remained basically unchanged. Does anyone know why?

we the consumers are still paying for 5 bucks a gallon diesel prices that was passed to the consumer through high product prices that will never go down.
modern day "free interprise" system at its best

.........

MEXICOWANDERER wrote:
Just remember your state legislators have a dog in this fight.

State sales tax revenues. Nice to know -everyone- wants high oil prices except the people who foot the bill.

/\ quoted for truth.

Just remember your state legislators have a dog in this fight.

State sales tax revenues. Nice to know -everyone- wants high oil prices except the oeople who foot the bill.

I don't think anyone told the gas stations here in town that the prices should be going down.

Halmfamily wrote:
Because its what the market bears. They charge what everyone is willing to pay.

No. they charge what everyone HAS to pay. It is not like we have a choice.

Because its what the market bears. They charge what everyone is willing to pay.

The constant rise for no good reason of regular engine oil has caused me to switch to synthetic which is competitively priced now. Walmart has it for about $25/5 qt container( not sure of exact price). Now I'm changing my oil at 10,000 mile intervals instead of 7,000 miles.

Oil is at a recent high right now...